The Wall Street JournalThe Wall Street Journal

​​Climate change and poverty pose challenge to World Bank

By Yuka Hayashi, Andrew Duehren

10 Apr 2023 · 4 min read

The World Bank is planning to overhaul its lending practices. But the question remains: How should it use its resources to fund climate projects while still helping the world's poor? The WSJ reports.

Curated by informed

The World Bank, embarking on a comprehensive overhaul of its lending practices, faces a tough question: How should it use its limited resources to fund climate projects while still helping the world’s poor?

The bank’s wealthy member countries are reluctant to add more to its coffers. But they are also demanding that it lend more money to programs that would fight climate change.

The news, curated.

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